The Reserve Bank of Australia (RBA) has hiked the cash rate by 25 basis points this month, taking it up from 3.60% to 3.85% 

Savings.com.au will provide rolling updates below of each lenders' announcements regarding passing on this February rate hike to variable-rate home loans.

Which banks and lenders will hike variable interest rates?

All hikes below refer to lenders’ responses to the RBA’s rate hike on 3 February 2026

Key notes:

    • P&I = Principal and Interest, IO= Interest Only, OO=Owner-occupiers
    • Basis points explained: 1 basis point = 0.01%
    • New lowest advertised variable rates:  Excludes introductory & honeymoon rates and package rates. Rates are correct at the time of the last update to this page. Lowest rates will only be listed if they are currently available and new (i.e. the rate became that lender’s lowest rate after some or all of the RBA’s February rate hike were passed on).

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AMP Bank interest rate hike

ANZ interest rate hike

Arab Bank Australia interest rate hike

Athena interest rate hike

Australian Military Bank interest rate hike

Australian Mutual Bank interest rate hike

Auswide Bank interest rate hike

Bank Australia interest rate hike

Bank First interest rate hike

Bank of Melbourne interest rate hike

Bank of Queensland interest rate hike

Bank of Sydney interest rate hike

Bank of Us interest rate hike

BankSA interest rate hike

BankVic interest rate hike

Bankwest interest rate hike

BCU Bank interest rate hike

Bendigo Bank interest rate hike

Beyond Bank interest rate hike

Commonwealth Bank interest rate hike

Community First Bank interest rate hike

Credit Union SA interest rate hike

Defence Bank interest rate hike

Firstmac interest rate hike

G&C Mutual Bank interest rate hike

Gateway Bank interest rate hike

Geelong Bank interest rate hike

Goulburn Murray Credit Union interest rate hike

Great Southern Bank interest rate hike

Greater Bank interest rate hike

Heritage Bank interest rate hike

Homeloans.com.au interest rate hike

Homestar Finance interest rate hike

Horizon Bank interest rate hike

HSBC Bank interest rate hike

Hume Bank interest rate hike

IMB interest rate hike

ING interest rate hike

loans.com.au interest rate hike

Macquarie Bank interest rate hike

ME Bank interest rate hike

MOVE Bank interest rate hike

MyState Bank interest rate hike

NAB interest rate hike

Newcastle Permanent interest rate hike

Northern Inland Credit Union interest rate hike

P&N Bank interest rate hike

People's Choice interest rate hike

Pepper Money interest rate hike

Police Credit Union interest rate hike (pending)

QBank interest rate hike

Qudos Bank interest rate hike

RACQ Bank interest rate hike

RAMS interest rate hike

Reduce interest rate hike (pending)

Regional Australia Bank interest rate hike

St George interest rate hike

State Custodians interest rate hike

Summerland Bank interest rate hike

Suncorp Bank interest rate hike

Teachers Mutual Bank interest rate hike

The Mutual Bank interest rate hike

Tiimely interest rate hike

UBank interest rate hike

UniBank interest rate hike

Unity Bank interest rate hike

Unloan interest rate hike

Up Bank interest rate hike

Virgin Money interest rate hike

Well Home Loans interest rate hike (pending)

Westpac interest rate hike

Yard interest rate hike (pending)

Yellow Brick Road interest rate hike (pending)

AMP Bank interest rate hike

  • Rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 4 February
  • Effective date: 9 February
  • Other info: 

AMP Bank home loan rates

ANZ interest rate hike

  • Rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 3 February
  • Effective date: 13 February
  • Other info: 

ANZ home loan rates

Arab Bank Australia interest rate hike

  • Rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date:9 February
  • Effective date: 17 February
  • Other info: 

Athena interest rate hike

  • Rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date:10 February
  • Effective date: 10 February
  • Other info: 

Australian Military Bank interest rate hike

  • Rate hike: 25 basis points
  • Applies to: Existing variable-rate home loans
  • Announcement date: 4 February
  • Effective date: 20 February
  • Other info: 

Australian Mutual Bank interest rate hike

  • Rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 13 February
  • Effective date: 1 March
  • Other info: 

Auswide Bank interest rate hike

  • Rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 4 February
  • Effective date: 12 February
  • Other info: 

Bank Australia interest rate hike

  • Rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 4 February
  • Effective date: 19 February
  • Other info: 

Bank First interest rate hike

  • Rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 5 February
  • Effective date: 20 February
  • Other info: 

Bank of Melbourne interest rate hike 

  • Rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date:3 February
  • Effective date: 17 February
  • Other info: 

Bank of Queensland interest rate hike 

  • Rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date:4 February
  • Effective date: 6 February
  • Other info: 

Bank of Queensland home loan rates

Bank of Sydney interest rate hike 

  • Rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date:4 February
  • Effective date: 17 February
  • Other info: 

Bank of Us interest rate hike 

  • Rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date:6 February
  • Effective date: 19 February
  • Other info: 

BankSA interest rate hike 

  • Rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date:3 February
  • Effective date: 17 February
  • Other info: 

BankVic interest rate hike 

  • Rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date:5 February
  • Effective date: 17 February
  • Other info: Repayment changes will kick in for existing customers from 10 March

Bankwest interest rate hike 

  • Rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 3 February
  • Effective date: 13 February
  • Other info: 

Bankwest home loan rates

BCU Bank interest rate hike 

  • Rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date:4 February
  • Effective date: 18 February
  • Other info: 

Bendigo Bank interest rate hike 

  • Rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date:4 February
  • Effective date: 11 February
  • Other info: 

Bendigo Bank home loan rates

Beyond Bank interest rate hike 

  • Rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date:4 February
  • Effective date: 17 February
  • Other info: 

Commonwealth Bank interest rate hike

  • Rate hike: 25 basis points
  • Applies to: Variable rate home loans
  • Announcement date: 3 February
  • Effective date: 13 February
  • Other info: 

Commonwealth Bank home loan rates

Community First Bank interest rate hike 

  • Rate hike : 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 12 February
  • Effective date:  12 February
  • Other info:

Credit Union SA interest rate hike 

  • Rate hike : 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 12 February
  • Effective date:  16 February
  • Other info:

Defence Bank interest rate hike 

  • Rate hike : 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 11 February
  • Effective date:  17 February
  • Other info:

G&C Mutual Bank interest rate hike 

  • Rate hike : Up to 36 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 6 February
  • Effective date: 6 February for new business, 18 March for existing customers
  • Other info: It looks like the Essential Worker and First Home Buyer loans will be increased by 26 bps and 36 bps respectively, while its standard products will only go up by 25 bps. 

Firstmac interest rate hike 

  • Rate hike : 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 9 February
  • Effective date: Rates change on 12 February, new repayments kick on from 27 March.
  • Other info: 

Gateway Bank interest rate hike 

  • Rate hike : 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 11 February
  • Effective date: 17 February
  • Other info: 

Geelong Bank interest rate hike 

  • Rate hike : 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 4 February
  • Effective date: 27 February
  • Other info: 

Goulburn Murray Credit Union interest rate hike 

  • Rate hike : 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 9 February
  • Effective date: 13 February
  • Other info: 

Great Southern Bank interest rate hike 

  • Rate hike : 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 6 February
  • Effective date: 5 March
  • Other info: 

Greater Bank interest rate hike 

  • Rate hike : 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 4 February
  • Effective date: 13 February
  • Other info: 

Heritage Bank interest rate hike 

  • Rate hike : 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 4 February
  • Effective date: 17 February
  • Other info: 

Homeloans.com.au interest rate hike 

  • Rate hike : 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 5 February
  • Effective date: 13 February
  • Other info: 

Homestar Finance interest rate hike 

  • Rate hike : 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 6 February
  • Effective date: 9 February
  • Other info: 

Horizon Bank interest rate hike 

  • Rate hike : 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 5 February
  • Effective date: 5 February
  • Other info: 

HSBC interest rate hike 

  • Rate hike : 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 4 February
  • Effective date: 16 February
  • Other info: 

HSBC home loan rates

Hume Bank interest rate hike 

  • Rate hike : 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 10 February
  • Effective date: 17 February
  • Other info: 

IMB interest rate hike 

  • Rate hike : 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 6 February
  • Effective date: 17 February
  • Other info: 

ING Bank interest rate hike 

  • Rate hike : 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 4 February
  • Effective date: 10 February
  • Other info: 

ING Bank home loan rates

loans.com.au interest rate hike 

  • Rate hike : 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 9 February
  • Effective date: Rates change on 12 February, new repayments kick on from 27 March.
  • Other info: 

Macquarie Bank interest rate hike

  • Rate hike: 25 basis points
  • Applies to: Variable rate home loans
  • Announcement date: 3 February
  • Effective date: 20 February
  • Other info: 

Macquarie home loan rates

ME Bank interest rate hike

  • Rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 4 February
  • Effective date: 7 February
  • Other info: 

ME Bank home loan rates

MOVE Bank interest rate hike

  • Rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 13 February
  • Effective date: 13 February
  • Other info: 

MyState Bank interest rate hike

  • Rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 4 February
  • Effective date: 12 February
  • Other info: 

NAB interest rate hike 

  • Rate hike: 25 basis points
  • Applies to: Standard variable rate home loan
  • Announcement date: 3 February
  • Effective date: 13 February
  • Other info: 

NAB home loan rates

Newcastle Permanent interest rate hike

  • Rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 4 February
  • Effective date: 13 February
  • Other info: 

Newcastle Permanent home loan rates

Northern Inland Credit Union interest rate hike

  • Rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 5 February
  • Effective date: 5 February
  • Other info: 

P&N Bank interest rate hike

  • Rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 5 February
  • Effective date: 18 February
  • Other info: 

P&N Bank home loan rates

People's Choice interest rate hike

  • Rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 5 February
  • Effective date: 17 February
  • Other info: 

Pepper Money interest rate hike

  • Rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 4 February
  • Effective date: 13 February
  • Other info: 

QBank interest rate hike

  • Rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 5 February
  • Effective date: 18 February
  • Other info: 

Qudos Bank interest rate hike

  • Rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 4 February
  • Effective date: 19 February
  • Other info: Repayment changes will kick in for existing customers from 26 March

RACQ Bank interest rate hike

  • Rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 4 February
  • Effective date: 17 February
  • Other info:

RAMS interest rate hike

  • Rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 3 February
  • Effective date: 17 February
  • Other info: RAMS is no longer accepting new home loan applications

Regional Australia Bank interest rate hike

  • Rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 5 February
  • Effective date: 17 February
  • Other info: 

St George interest rate hike 

  • Rate hike: 25 bps
  • Applies to: Variable rate home loans
  • Announcement date: 3 February 
  • Effective date: 17 February
  • Other info:

St George home loan rates

State Custodians interest rate hike 

  • Rate hike: 25 bps
  • Applies to: Variable-rate home loans
  • Announcement date: 5 February 
  • Effective date: 13 February
  • Other info:

Summerland Bank interest rate hike 

  • Rate hike: 25 bps
  • Applies to: Variable-rate home loans
  • Announcement date: 6 February 
  • Effective date: 13 February for new loans, 24 February for existing
  • Other info:

St George home loan rates

Suncorp Bank interest rate hike

  • Rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 4 February
  • Effective date: 13 February
  • Other info: 

Suncorp Bank home loan rates

Teachers Mutual Bank interest rate hike

  • Rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 4 February
  • Effective date: 17 February
  • Other info: 

Tiimely interest rate hike

  • Rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 9 February
  • Effective date: 13 February
  • Other info: 

The Mutual Bank interest rate hike

  • Rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 4 February
  • Effective date: 23 February
  • Other info: 

UBank interest rate hike

  • Rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date:4 February
  • Effective date: 12 February
  • Other info: 

UniBank interest rate hike

  • Rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date:4 February
  • Effective date: 17 February
  • Other info: 

Unity Bank interest rate hike 

  • Rate hike : Up to 36 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 6 February
  • Effective date: 6 February for new business, 18 March for existing customers
  • Other info: It looks like the Essential Worker and First Home Buyer loans will be increased by 26 bps and 36 bps respectively, while its standard products will only go up by 25 bps. 

Unloan interest rate hike

  • Rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 3 February
  • Effective date: 13 February
  • Other info: 

Unloan home loan rates

Up interest rate hike

  • Rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 5 February
  • Effective date: 11 February
  • Other info: 

Virgin Money interest rate hike

  • Rate hike: 25 basis points
  • Applies to: Variable-rate home loans
  • Announcement date: 5 February
  • Effective date: 6 February for the Reward Home Loan for existing customers, 7 February on the Lite and Loaded home loans for new and existing customers.
  • Other info: 

Westpac interest rate hike 

  • Rate hike: 25 bps
  • Applies to: Variable-rate home loans
  • Announcement date: 3 February 
  • Effective date: 17 February
  • Other info: Change automatically applied

Westpac home loan rates